Fake $150M WLFI Liquidity Claim Debunked

Fake $150M WLFI Liquidity Claim Debunked

Claims circulating on X (formerly Twitter) alleging a $150 million liquidity addition to the World Liberty Financial (WLFI) project have been exposed as false. Expert analysis confirms this as a fraudulent scheme.

Analyst Exposes Fake WLFI Transaction

A screenshot shared online purported to show a transaction adding 150 million WLFI tokens to liquidity. However, analyst Ai, via their X account (@ai_9684xtpa), identified this as a fake token scam. According to Ai, the transaction displayed "150 million fake WLFI tokens and 0 real WLFI tokens" on the blockchain explorer.

This highlights the crucial need to independently verify information before making investment decisions, especially concerning less established projects.

WLFI Project Under Scrutiny

This incident occurs while the WLFI project is undergoing a governance vote to enable WLFI token transactions. The official contract address (CA) is 0xdA5e1988097297dCdc1f90D4dFE7909e847CBeF6; currently, the token remains non-transferable. The project continues to garner attention due to its association with the Trump family and potential DeFi sector involvement.

Recent events include the Trump Organization reducing its stake from 60% to 40% and a significant whale acquiring 800 million WLFI tokens for 80 million USDT. Polymarket predicts a 56% chance of WLFI exceeding a $13 billion fully diluted valuation (FDV) on its launch day.

Protecting Yourself in the Crypto Space

While the hype surrounding WLFI persists, investor caution remains paramount. Always verify information from reputable sources and official channels before participating in any transactions. This is crucial for safeguarding assets and avoiding scams.

Codeum offers services to help mitigate risks in the blockchain space. Our services include smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies. Contact us to learn more about protecting your blockchain project.